In its use of Development Policy Financing in its Covid-19 response so far, the World Bank has lost the opportunity to break with the past and play a truly progressive and transformative role in helping countries rebuild their economies.
IFIs
The policy lending doctrine: Development Policy Financing in the World Bank's Covid-19 response
- Development Finance
- IFIs
CSOs call on world leaders to end public finance for fossil fuels in 2021
Urgent action is needed to ensure 2021 marks the end of international public finance to fossil fuels. This would free up significant support for clean energy and a just and equitable transition worldwide.
- Climate Finance
- IFIs
Eurodad reaction to the World Bank’s ‘Doing Business Report’ scandal: Fundamental reform of the Bank “urgent”
In light of the growing scandal around the World Bank's Doing Business report, Eurodad has issued the following reaction.
- Development Finance
- IFIs
Code red for humanity: time for a just and adequate response is running out!
#ClimateFinance #DevelopmentFinance #TaxJustice #AnnualMeetings #EIB #SDRs #IDA
- Climate Finance
- Global Processes
Code red for humanity: time for a just and adequate response is running out!
The remaining months of 2021 are crucial for the future of our humanity. The multiple and interrelated crises that we face call for an even greater level of unprecedented and truly multilateral action.
- Climate Finance
- IFIs
Open letter and joint CSO statement on the EIB Environmental and Social Sustainability Framework
Eurodad joins Counter Balance and other CSOs to call on the European Investment Bank to use the ESSF review to truly make the EIB responsible lender.
- Climate Finance
- IFIs
A wrong turn for World Bank concessional lending
As long as the World Bank's International Development Association can be an important source of recovery funds for the poorest economies, those resources must be used effectively. This will require closing the IDA's Private Sector Window and instead providing resources directly to governments.
This blog was originally published by Project Syndicate.
- Development Finance
- IFIs
Talking straight on SDRs: What’s needed for fair and transparent distribution
In the space of a few months, Special Drawing Rights (SDRs) - supplementary reserve assets created by the International Monetary Fund - have gone from being a topic for IMF geeks to the talk of the town. There are two main issues at stake.
This is the first blog in a series of blogs on SDRs.
- Aid Effectiveness
- Covid-19
NGOs letter on the EIB’s review process of the Environmental and Social Sustainability Framework
This joint advocacy letter urges the European Investment Bank to ensure a meaningful public consultation.
- Climate Finance
- IFIs
Special Drawing Rights: Saving the global economy and bolstering recovery in pandemic times
A summary of key issues emerging from recent high-level event on SDR recycling mechanisms, funds, and vehicles.
This is a guest blog written by Bhumika Muchhala (Senior Policy Researcher on Global Economic Governance, Third World Network), and Christopher Hope (Policy Officer, Bretton Woods Project).
- Development Finance
- IFIs